Unlocking the Secrets of Reverse Mortgages — The Consumer Finance Podcast
Redlining Isn’t What it Used To Be
A Deep Dive into HUD's New Guidance on AI-Driven Targeted Advertising — The Consumer Finance Podcast
The Latest on HUD's Disparate Impact Rule - The Consumer Finance Podcast
AGG's CARES Act Webinar
RAD Conversions for MOD Rehab/MOD Rehab SRO Projects
On July 10, the U.S. Department of Housing and Urban Development (HUD) and the Office of Management and Budget (OMB) jointly announced the effective disbandment of the interagency Property Appraisal and Valuation Equity...more
On May 19, 2025, Deputy Attorney General Todd Blanche issued a memorandum announcing the creation of the Department of Justice’s (DOJ) Civil Rights Fraud Initiative (the Initiative), which directs DOJ attorneys to utilize the...more
As the Trump administration actively works to streamline federal operations, its ambitious efforts to divest surplus property holdings present new buying opportunities for commercial real estate investors and developers. This...more
The U.S. Department of Justice (DOJ) is raising the stakes with a broad new initiative targeting what it calls “illegal DEI.” In a May 19, 2025 internal memorandum, Deputy Attorney General Todd Blanche outlines a Civil Rights...more
President Trump recently signed an Executive Order entitled “Restoring Equality of Opportunity and Meritocracy“ to eliminate the use of disparate impact liability. The U.S. Department of Housing and Urban Development (HUD)...more
In the waning hours of the first Trump Administration the U.S. Department of Housing and Urban Development (HUD) announced that effective January 19, 2021 individuals who are classified under the “Deferred Action for...more
What Happened? On March 26, 2025, the U.S. Department of Housing and Urban Development (HUD or the Department) issued Mortgagee Letter 2025-09 (ML 2025-09), which updates HUD’s residency requirements for borrower eligibility...more
In a significant policy shift under the Trump administration, the new Federal Housing Finance Agency (FHFA) Director Bill Pulte issued an order on March 25, 2025 terminating special purpose credit programs (SPCPs) supported...more
On February 14, it was reported that the FHA will undergo significant workforce reductions. According to the report, the new administration plans to lay off at least 40 percent of its workforce, possibly more. The...more
According to several published reports, Mark Calabria is expected to join OMB where he will be detailed to the CFPB until Jonathan McKernan is confirmed by the Senate. Calabria previously served as the director of FHFA under...more
On February 5, HUD announced that Scott Turner was confirmed by the U.S. Senate as the 19th Secretary of HUD with a vote of 55-44. He was sworn in by U.S. Supreme Court Justice Clarence Thomas, and he expressed his commitment...more
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
On Tuesday, January 26, President Biden signed a memorandum on discriminatory housing practices and policies. The memorandum is one of a series of recent executive actions focused on racial equity, representing the...more
*Wiley continues to closely monitor the COVID-19 crisis and will update this list as new information is available. This alert was originally published on March 25, 2020, and last updated October 9, 2020. 1. Administration...more
Late last week, the U.S. Department of Housing and Urban Development issued its final order relating to claims of “disparate impact” under the Fair Housing Act. Under the theory of disparate impact, the Fair Housing Act can...more
Congress - Following negotiations over the weekend – which, according to House Speaker Pelosi (D-CA) were “more productive” than previous talks – Treasury Secretary Mnuchin and White House Chief of Staff Meadows again met...more
Outlook for This Week in the Nation’s Capital - Congress. The Senate is in recess this week, and will return Monday, July 20. House appropriators plan to approve all twelve of their FY 2021 spending bills in full committee by...more
In Washington - The Centers for Disease Control and Prevention (CDC) urged organizers of large gatherings that involve shouting, chanting, or singing to “strongly encourage” attendees to use cloth face coverings to lower...more
Today's federal government activities in response to COVID-19 include: Congress - Today, President Trump signed into law H.R. 7010, the Paycheck Protection Flexibility Act of 2020 to modify the CARES Act’s signature...more
In the midst of the Coronavirus Pandemic, the federal government appropriated funding for low-income and moderate-income communities and persons through the Community Development Block Grant (CDBG) Program. The Coronavirus...more
As public housing authorities (PHAs) and multifamily housing owners grapple with protecting their residents, employees and stakeholders amidst the COVID-19 outbreak, HUD has issued several pieces of guidance in recent days...more
In recent days, the federal government, the state of California, and many local governments have taken action to provide tenant and homeowner protections in response to the COVID-19 pandemic....more
The Situation: Reforming the U.S. housing finance system has been a frequent discussion topic in the years since the 2008 financial crisis. The Result: In response to a March 2019 presidential memorandum, the Department of...more
As part of his last legislative act of 2019, Governor Newsom signed 18 housing-related bills into law in an attempt to alleviate California’s housing crisis. This package included Senate Bill (“SB”) 329, which prohibits...more
Outlook for This Week in the Nation’s Capital - Impeachment Schedule. The House is in recess this week but will continue to hear testimony from a number of witnesses related to the impeachment probe....more